Russia: Oil Deal to Impact Markets when Implemented

Russia’s oil output deal with leading global producers will have an impact on global markets once it begins to be implemented, Dmitry Peskov, the Kremlin’s spokesman, told reporters on a conference call.
Russia and other oil producers, known collectively as OPEC+, agreed over the weekend to cut their combined oil output by 9.7 million barrels per day in May-June to help weak oil markets that have been hit by the coronavirus crisis.

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